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Ray Go Solar Holdings Bhd (XKLS:03052) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ray Go Solar Holdings Bhd's Enterprise Value for the quarter that ended in Apr. 2026 was RM46.92 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.25 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ray Go Solar Holdings Bhd EV-to-EBIT Related Terms
Ray Go Solar Holdings Bhd EV-to-EBIT Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XKLS:03052 vs FSLR, NXT, ENPH: EV-to-EBIT Comparison
For the Solar subindustry, Ray Go Solar Holdings Bhd's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ray Go Solar Holdings Bhd EV-to-EBIT vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ray Go Solar Holdings Bhd's EV-to-EBIT falls into.
Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.25 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ray Go Solar Holdings Bhd (XKLS:03052) has a EV-to-EBIT of 17.37 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ray Go Solar Holdings Bhd and its competitors. This is near median its historical median of 18.86.
Is Ray Go Solar Holdings Bhd's EV-to-EBIT too high?
Ray Go Solar Holdings Bhd's current EV-to-EBIT of 17.37 is near median its 10-year median of 18.86. The Semiconductors industry median EV-to-EBIT is 30.70. Ray Go Solar Holdings Bhd's value of 17.37 is 43.4% below this industry median. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's EV-to-EBIT compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's EV-to-EBIT of 17.37 can be compared against companies in the Semiconductors industry. The industry median EV-to-EBIT is 30.70. Ray Go Solar Holdings Bhd's value of 17.37 is 43.4% below this benchmark. While the company's 10-year median is 18.86 vs. the industry median of 30.70, Ray Go Solar Holdings Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 30.70, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ray Go Solar Holdings Bhd's current EV-to-EBIT of 17.37 is 43.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ray Go Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 30.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Go Solar Holdings Bhd's current EV-to-EBIT is 17.37, which is near median its own 10-year median of 18.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current EV-to-EBIT of 17.37. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current EV-to-EBIT is 17.37, which is near median its 10-year median of 18.86 and 43.4% below the Semiconductors industry median of 30.70. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ray Go Solar Holdings Bhd (XKLS:03052), the current EV-to-EBIT is 17.37 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.
Key valuation signals for XKLS:03052:
EV-to-EBIT: 17.37 (near median its 10-year median of 18.86)
GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
Industry Position: 43.4% below the Semiconductors median
No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score
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